Out of the two states who blazed the trail for recreational marijuana use, Colorado has been much quicker to get the ball rolling. Colorado recreational dispensaries opened for business over six months ago and have already pulled in more than $60 million in sales, not to mention the much needed tax revenue for the state.
Washington, on the other hand, has been much slower to get the state's recreational dispensaries operational. Reasons for the slow start are varied. Seemingly there is more "red tape" to get through in Washington--recreational licenses are just being issued as I write this--and furthermore, the state only just recently issued licenses to grow the recreational marijuana in March. Also it appears that Washington was waiting to see what would happen in Colorado. Now witnessing all the good fortune that's going on in Colorado, Washington State probably wishes they got into the ring a little sooner.
All this is good news, I'm personally happy for the people of Washington, but and there's always a but... The way the law is written, Washington dispensaries must buy all their marijuana from state licensed growers. And being that licenses were only given out in March, growers have only had time to complete a single turn, or batch. This is all going to lead to a severe marijuana shortage for some time to come, as it will take a while for the supply to catch up with the demand. What small amounts the dispensaries have is expected to sell out in a few days, if not hours. This will also lead to a increase in price with ounces of marijuana going for $400+.
So set your alarm and get to your local dispensary early tomorrow, because it's not going to be there long.